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What else can I help you with?
Is purchase returns an expense or income?
it is neither an expense nor an income
What type of an account is a purchase?
contra-expense It's an expense, not a contra expense. If you don't pay the bill within the discount period, and you had recorded the original purchase at net (Purchase price less the early pay discount) then you have more expense, not less, when you don't pay on time.
What type of an account is a purchase discount?
contra-expense It's an expense, not a contra expense. If you don't pay the bill within the discount period, and you had recorded the original purchase at net (Purchase price less the early pay discount) then you have more expense, not less, when you don't pay on time.
Is purchase returns an asset or liability?
purchase return is assets or liability or expense
Is the purchase of a route a capital expense?
If route is purchased for one fiscal year then it is a revenue expense, but if route is purchased for morethan one year then first year purchase portion is revenue expense and remaining portion is long-term asset.
Is the purchase of a building recorded as an expense?
No, the purchase of a building is an expenditure (different from an expense) and therefore must be capitalized.
Is purchase returns an expense or income?
it is neither an expense nor an income
What type of an account is a purchase?
contra-expense It's an expense, not a contra expense. If you don't pay the bill within the discount period, and you had recorded the original purchase at net (Purchase price less the early pay discount) then you have more expense, not less, when you don't pay on time.
What type of an account is a purchase discount?
contra-expense It's an expense, not a contra expense. If you don't pay the bill within the discount period, and you had recorded the original purchase at net (Purchase price less the early pay discount) then you have more expense, not less, when you don't pay on time.
Is purchase returns an asset or liability?
purchase return is assets or liability or expense
Is the purchase of a route a capital expense?
If route is purchased for one fiscal year then it is a revenue expense, but if route is purchased for morethan one year then first year purchase portion is revenue expense and remaining portion is long-term asset.
Which of the following items has no effect on retained earnings expense land purchase dividends revenue?
Land purchase
If you have a requirement to purchase equipment that was previously developed at Government expense and sold exclusively to the military. This type of item is?
You have a requirement to purchase equipment that was previously developed at Government expense and sold exclusively to the military. This type of item is:
Give you some examples of selling expense?
Selling expense is any type of expense incurred to try to sell an item. Advertising, holding fees, and the purchase price that you paid for the item are all selling expenses.
Can I use my HSA to purchase contacts?
Yes, you can use your Health Savings Account (HSA) to purchase contacts as they are considered a qualified medical expense.
Can you use an HSA to purchase contacts?
Yes, you can use a Health Savings Account (HSA) to purchase contacts as they are considered a qualified medical expense.
Can you use your HSA to purchase contacts?
Yes, you can use your Health Savings Account (HSA) to purchase contacts, as they are considered a qualified medical expense.
